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KeyW-Sotera Deal Gets FTC Green Light, Firms Target 2Q 2017 for Closure

The Federal Trade Commission has given its approval for KeyW‘s (Nasdaq: KEYW) proposed $235 million all-cash acquisition of Sotera Defense Solutions. The FTC terminated the required 30-day waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the early termination notice brings the deal a step closer to completion, KeyW said Monday. KeyW first announced the …

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KeyW Inks $235M Cash Deal for Sotera in Intell Community Push

Hanover, Maryland-based cyber and geospatial services contractor KeyW (Nasdaq: KEYW) has agreed to purchase Herndon, Virginia-based national security technology provider Sotera Defense Solutions for $235 million cash in a push to add new and complementary work with the intelligence community and related government customers. Both companies estimate the combined entity will generate close to $535 million in …

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Former Engility Finance Lead Michael Alber Joins KEYW as CFO & EVP

KEYW (Nasdaq: KEYW) has appointed Michael Alber, formerly chief financial officer at Engility (NYSE: EGL), as CFO and executive vice president. Alber will bring over three decades’ worth of corporate finance, accounting and administrative experience with federal government contractors. Bill Weber, president and CEO of KEYW, said Alber’s financial operations experience in service- and …

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KEYW Lands Spot on $245M Naval Research Lab IT Support Contract

The U.S. Navy has added KEYW Corp. (Nasdaq: KEYW) as an awardee on a potential $245 million contract for engineering and technical support to the information technology division within the Naval Research Laboratory. KEYW will join the eight contractors initially awarded spots on the five-year, indefinite-delivery/indefinite-quantity vehicle earlier this week, the Defense Department said Wednesday. …

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John Johns Joins KEYW as BD VP, National Agency Account Head

John Johns, a former vice president from Six3 Systems and business development executive at other GovCon companies, has joined Hanover, Md.-based cyber and geospatial services company KEYW Corp. (Nasdaq: KEYW) as vice president of BD and account executive for national agencies. KEYW said Tuesday it appointed the 25-year industry veteran for his business development background in the international commercial, …

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KEYW to Sell Systems Engineering & Technical Assistance Unit to Quantech Services

KEYW Corp. (Nasdaq: KEYW) has agreed on a $12 million cash deal for the sale of its systems engineering and technical assistance business to Quantech Services. “As part of an ongoing strategic review of our business, we came to the conclusion that the growth potential of both KEYW’s core business …

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Former Booz Allen Principal Michele Cook Joins KEYW as Business Development EVP

Michele Cook, formerly a principal for Booz Allen Hamilton‘s (NYSE: BAH) business development center of excellence, has joined KEYW Corp. (Nasdaq: KEYW) as executive vice president of business development. Cook brings to KEYW two decades of experience within the Defense Department and intelligence community, KEYW said Tuesday. “Michele’s track record …

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William Weber to Become KEYW President, CEO in October

William Weber, president and chief operating officer of government services contractor XLA since March 2012, will join KEYW Holding (Nasdaq: KEYW) as president and CEO by Oct. 1. Weber will also serve on the Hanover, Maryland-based cybersecurity firm’s board of directors upon his arrival and brings more than 25 years …

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Air Force Research Lab Plans $490M Counter-sUAS R&D Contract

The Air Force Research Laboratory is seeking contractor support to develop, evaluate and demonstrate a technology to counter small unmanned aircraft systems that use commercial off-the-shelf tools. In a notice posted Tuesday on beta.SAM.gov, AFRL said it plans to procure services through a single-award, indefinite-delivery/indefinite-qantity contract worth potentially $490M over six years.

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